Top New Prague, MN Mortgage Lenders

RankNew Prague Mortgage LenderNew Prague Home Loans ProcessedNew Prague Home Loans ApprovedNew Prague Home Loans DeniedNew Prague Mortgage Median Loan to Income Ratio (LTR) for Approved LoansNew Prague Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 2,879 66%15%
  • 198%
  • (264,000 Loan / $133,000 Income)
  • 190%
  • (378,000 Loan / $198,000 Income)
2Affinity Plus Federal Credit U 653 65%5%
  • 128%
  • (179,000 / $139,000)
  • 231%
  • (155,000 / $67,000)
3Jpmorgan Chase Bank 644 84%12%
  • 222%
  • (242,000 / $109,000)
  • 174%
  • (248,000 / $142,000)
4Us Bank 505 76%14%
  • 213%
  • (258,000 / $121,000)
  • 218%
  • (120,000 / $55,000)
5Bank Of America 426 73%15%
  • 237%
  • (69,000 / $29,000)
  • 225%
  • (169,000 / $75,000)
6Citimortgage 423 79%8%
  • 232%
  • (205,000 / $88,000)
  • 302%
  • (430,000 / $142,000)
7Countrywide Bank Fsb 358 69%19%
  • 223%
  • (190,000 / $85,000)
  • 260%
  • (297,000 / $114,000)
8Community Security Bank 335 75%8%
  • 204%
  • (304,000 / $149,000)
  • 328%
  • (240,000 / $73,000)
9Mortgage Guaranty Insurance Co 259 74%8%
  • 241%
  • (140,000 / $58,000)
  • 200%
  • (221,000 / $110,000)
10Wells Fargo Funding 235 97%1%
  • 274%
  • (118,000 / $43,000)
  • 127%
  • (55,000 / $43,000)
11Kleinbank 222 77%12%
  • 138%
  • (65,000 / $47,000)
  • 179%
  • (77,000 / $43,000)
12Countrywide Home Loans 211 79%13%
  • 261%
  • (314,000 / $120,000)
  • 270%
  • (65,000 / $24,000)
13Roundbank 203 79%11%
  • 170%
  • (229,000 / $134,000)
  • 323%
  • (110,000 / $34,000)
14United Guaranty Corporation 194 73%9%
  • 238%
  • (200,000 / $84,000)
  • 263%
  • (124,000 / $47,000)
15Beneficial Company Llc 193 5%81%
  • 93%
  • (113,000 / $121,000)
  • 256%
  • (100,000 / $39,000)
16Genworth Mortgage Insurance Co 165 72%6%
  • 229%
  • (289,000 / $126,000)
  • 210%
  • (179,000 / $85,000)
17State Bank Of New Prague 164 81%6%
  • 75%
  • (58,000 / $77,000)
  • 350%
  • (350,000 / $100,000)
18Eastwood Bank 158 74%9%
  • 181%
  • (181,000 / $100,000)
  • 271%
  • (187,000 / $69,000)
19Agstar Financial Services 158 65%5%
  • 212%
  • (200,000 / $94,000)
  • 280%
  • (306,000 / $109,000)
20Embrace Home Loans, 149 8%46%
  • 294%
  • (162,000 / $55,000)
  • 251%
  • (113,000 / $45,000)

New Prague, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 16,164
  2. Loan Applications Denied: 2,759
  3. % of Loan Applications Denied: 17
  4. # of Loan Originations: 10,641
  5. % of Loan Applications Originated 65

New Prague, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Credit history10
Debt-to-income ratio7
Credit application incomplete3
Unverifiable information1

New Prague, MN Mortgage Loans Processed & Denied Applications by Loan Amount

Loan Amount Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,0005,114 6319
$100,000 - $300,0009,931 6615
$300,000 - $500,0001,057 6119
$500,000 - $1,000,00058 3925
$1,000,000 - $1,500,0004 7525

New Prague, MN Home Loans Processed & Denied Applications by Income Level

Income Levels Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,00012,098 6318
$100,000 - $300,0003,822 7013
$300,000 - $500,000167 7811
$500,000 - $1,000,00063 807
$1,000,000 - $1,500,0009 990
$1,500,000 - $2,000,0003 660
> $2,000,0002 1000

Loan to Income Ratios Research for Mortgage in New Prague, MN

Loan to Income Ratio (Loan Amount as a Percentage of Income Levels) Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
0 - 30%67365 21
30 - 60%94863 21
60 - 100%1,33868 15
100 - 200%4,80569 13
200 - 300%4,42465 15
300 - 400%2,39063 18
> 400%1,58651 26

New Prague, MN Home Owner Occupancy Type Mortgage Data

Owner Occupancy Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
Owner-Occupied As A Principal Dwelling14,335 6417
Not Owner-Occupied As A Principal Dwelling1,734 7413
Not Applicable19 5221

Home Owner Property Type Statistics in New Prague, MN for Home Loans

Property Type Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
One-To-Four Family Dwelling (Other Than Manufactured Housing)14,833 6517
One To Four-Family970 757
Manufactured Housing361 5128
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